Find an updated list of Cambridge Savings Bank promotions, bonuses and offers here.
Update 3/26/25: There’s currently a $300 checking bonus valid through 6/30/25.
About Cambridge Savings Bank Promotions
Founded in 1834, Cambridge Savings Bank is a financial institution built to make products and services that help their customers meet their financial goals. If you are not located near a branch, you can see all nationwide bank bonuses for more suitable offers.
I’ll review the offers below.
Cambridge Savings Bank $300 Checking Bonus
- What you’ll get: $300 bonus
- Account Type: Checking Account
- Availability: MA (Bank Locator)
- Credit Inquiry: Soft Pull
- ChexSystems: Yes
- Credit Card Funding: Unknown
- Direct Deposit Requirement: Yes (see what works)
- Monthly Fee: Varies by account
- Household Limit: 1
- Closing Account Fee: None listed
(Expires 06/30/2025)
| BMO Smart Money Checking ($400 cash bonus*) | BMO Smart Advantage Checking ($400 cash bonus*) |
| Bank of America ($300 bonus offer) | Chase Total Checking® ($300 bonus) |
| KeyBank Key Smart Checking ($300 bonus) | SoFi Checking and Savings ($325 bonus) |
How To Earn $400 Bonus
HOW TO EARN BONUSFINE PRINT
- Receive a $300 credit to your account when you open a new Personal Checking Account with a $10 minimum opening deposit between 3/1/2025 and 6/30/2025 and complete the following two requirements:
- (1) Receive cumulative monthly direct deposits totaling $1,000 or more within each of the first three full calendar months following the date the new account is open and funded.
- (2) You must not currently have a Cambridge Savings Bank Personal Checking Account or have had one in the last 12 months. The new account funding must be completed by 6/30/2025.
- A credit will be made to your checking account within 30 days of completing requirements as long as qualification conditions are met, and the account remains open in good standing.
- Receive a $300 credit to your account when you open a new Personal Checking Account with a $10 minimum opening deposit between 3/1/2025 and 6/30/2025 and complete the following two requirements: (1) Receive cumulative monthly direct deposits totaling $1,000 or more within each of the first three full calendar months following the date the new account is open and funded.
- For example, a qualifying account type opened and funded during the month of March must complete the requirements in the months of April, May, and June to qualify for the credit.
- Qualifying direct deposits are electronic deposits of your paycheck, pension, or government benefits from your employer or the government.
- Person-to-person and bank transfers between your Cambridge Savings Bank accounts or accounts you have at other financial institutions do not qualify. (2) You must not currently have a Cambridge Savings Bank Personal Checking Account or have had one in the last 12 months. The new account funding must be completed by 6/30/2025.
- A credit will be made to your checking account within 30 days of completing requirements as long as qualification conditions are met, and the account remains open in good standing.
- The Performance Plus Checking Account has a 0.10% Annual Percentage Yield (APY). APY is accurate as of 3/1/2025.
- Rate is variable and may change after account opening and fees may reduce earnings.
- Minimum balance to obtain the APY is $10.
- No minimum balance is required to receive the credit.
- The value of the credit will be reported to the IRS as interest.
- Limit one account credit per household. Offer cannot be combined with any other offers.
- Offer is subject to change and can be withdrawn at any time.
- All other rules and regulations for checking accounts apply.
- Please refer to CSB Understanding Your Deposit Account for Personal Accounts Handbook, Personal Account Fee Schedule, and Personal Account Rate Sheet for account details.
Cambridge Savings Bank $200 Business Checking Bonus (Expired)
Cambridge Savings Bank is offering a $200 bonus when you open a new qualifying business checking account.
- What you’ll get: $200 bonus
- Account Type: Business Checking
- Availability: MA (Bank Locator)
- Credit Inquiry: Soft Pull
- ChexSystems: Yes
- Credit Card Funding: Unknown
- Direct Deposit Requirement: None
- Monthly Fee: $0-$15; waivable
- Household Limit: None
- Closing Account Fee: None listed
(Expires 05/31/2023)
| Chase Business Checking ($300 or $500 Bonus) | Bank of America Business Checking ($200 bonus offer) |
| Axos Business Premium Savings ($375 Bonus) | Axos Bank Basic Business Checking ($400 Bonus) |
| Axos Bank Business Interest Checking ($400 Bonus) | Huntington Unlimited Plus Business Checking ($1,000 Bonus) |
| Huntington Unlimited Business Checking ($400 Bonus) | Bluevine Business Checking ($300 Bonus) |
| U.S. Bank Business Checking ( $500 or $900 Bonus) | |
How To Earn $200 Bonus
HOW TO EARN BONUSFINE PRINT
- Earn a $200 bonus when you open a new Small Business Checking or Analyzed Business Checking account with a $10 minimum opening deposit before 05/31/2023 and complete the following two qualification requirements within each of the first three full calendar months following the date the new account is funded:
- (1) Complete posted and cleared credit transactions including cash, check, wire or ACH credits totaling $500 or more within each month.
- Bank transfers between your Cambridge Savings Bank accounts or accounts you have at other financial institutions do not qualify.
- (2) Complete 10 posted and cleared debit transactions including checks paid, debit card point of sale transactions, wire transfers, or ACH debits within each month.
- (1) Complete posted and cleared credit transactions including cash, check, wire or ACH credits totaling $500 or more within each month.
- Earn a $200 bonus when you open a new Small Business Checking or Analyzed Business Checking account with a $10 minimum opening deposit before 05/31/2023 and complete the following two qualification requirements within each of the first three full calendar months following the date the new account is funded: (1) Complete posted and cleared credit transactions including cash, check, wire or ACH credits totaling $500 or more within each month.
- Bank transfers between your Cambridge Savings Bank accounts or accounts you have at other financial institutions do not qualify. (2) Complete 10 posted and cleared debit transactions including checks paid, debit card point of sale transactions, wire transfers, or ACH debits within each month.
- For example, a qualifying account type opened and funded during the month of May must complete the above noted requirements in the months of May, June, and July to qualify for the bonus.
- New account funding must be completed by 05/31/2023.
- You must not currently have a Cambridge Savings Bank business checking account or have had one in the last 12 months.
- A $200 credit will be posted to your checking account within 30 days of completing requirements as long as qualifications are met, and account remains open in good standing.
- No minimum balance is required to receive the bonus.
- The value of the bonus will be reported to the IRS as interest.
- Limit one bonus per business entity.
- Offer may be withdrawn at any time. All other terms and conditions for checking accounts apply.
- The Small Business Checking account provides the first 125 basic transactions (including any combination of deposits, items deposited, checks paid, account transfers, ACH credits and ACH debits) with no fees/charges.
- Basic transactions numbering over 125 are $0.50 each.
- The Analyzed Business Checking has a $10,000 minimum average collected monthly balance to avoid the monthly maintenance service charge of $10.
- If the minimum average collected monthly balance falls below $10,000, the $10 monthly maintenance service charge will apply.
How To Avoid Monthly Fees
- Simple Checking: No monthly maintenance service charge
- Performance Checking: Monthly maintenance service charge of $10 waived if the average monthly balance in your checking account is $1,000 or greater, or if your average monthly combined deposit balances in checking, savings, money market, CD and IRA balances are $2,500 or greater.
- Performance Plus Checking: Monthly maintenance service charge of $20 waived if average monthly combined deposit balances, and consumer loan balances, excluding mortgage balances, are $10,000 or greater.
- CSB One Checking: No monthly maintenance service charge
- Small Business Checking: No monthly fee
- Analyzed Business Checking: Waive the monthly fee of $15 with an average collected monthly balance of $10,000
 |
 |
Bottom Line
Cambridge Savings Bank has a simple and easy bonus for everyone to get. With online banking, you can be sure to manage your funds from anywhere in the world at any time!
While they have a generous bonus, Cambridge Savings Bank doesn’t have great rates for CDs and Savings. You may want to check out our full list of Bank Rates and CD Rates.
Furthermore, we really appreciate your feedback, as they make our site even better!
*Check back at this page for updated Cambridge Savings Bank promotions, bonuses and offers.
Did you receive your bonus? I deposited in June 18th and haven’t received it yet. Marked my calendar for September 16th in case it doesn’t show up within 90 days ;).
Did you receive your bonus? I deposited in June 18th and haven’t received it yet. Marked my calendar for September 16th in case it doesn’t show up within 90 days ;).
I just opened my account and was able to fund it with CIP up to $1K. Only Visa, Master card & Discover accepted (Amex not accepted).